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Your paycheck stub serves as proof of income and government agencies, lenders and landlords often request them to verify your earnings.
Handling payroll typically involves sending out payslips to employees. A payroll is a list of employees of a company who are entitled to receive compensation as well as other work benefits, as well as the amounts that each should obtain.
Paycheck. An example of a payslip from the John Lewis Partnership, showing gross salary, tax and National Insurance paid and yearly bonus entitlement, among other things. A paycheck, also spelled paycheque, pay check or pay cheque, is traditionally a paper document (a cheque) issued by an employer to pay an employee for services rendered.
In accounting, salaries are recorded in payroll accounts. [1] A salary is a fixed amount of money or compensation paid to an employee by an employer in return for work performed. Salary is commonly paid in fixed intervals, for example, monthly payments of one-twelfth of the annual salary.
Usually, the only requirement is a pay stub to prove you have a job. These loans often require prompt payback — as soon as your next paycheck clears — and many come with enormous APRs and fees.
Proof of Social Security: Social Security card in current legal name. Other items are accepted such as W-2, SSA-1099 or pay stub from past three months displaying name and SSN.